Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

276
Posts
235
Votes
Denis Ponder
Pro Member
  • New to Real Estate
  • Yuma, AZ
235
Votes |
276
Posts

2% Seller Concession Max on Investment Loans?

Denis Ponder
Pro Member
  • New to Real Estate
  • Yuma, AZ
Posted

Good morning,

My lender told me there is a 2% max on seller concessions for an investment loan.  Did we miscommunicate?  Or is that accurate?

Typically I make my offers with seller concessions to help with closing costs and buying down the interest rate.  Is that only an option on a primary residence?  Or did I misunderstand her?  Do I need to shop for other options?  Thanks for any help you can provide.

  • Denis Ponder
  • Loading replies...